Abstract

The problem of profitability is more important than the problem of profit, because large profits are not yet a measure that the company can work efficiently. New efficiency can be known from the way companies generate profits with wealth or capital owned, both foreign capital and equity (equity). So that should be noticed the company is not only an effort to increase profits, but also efforts to enhance profitability. Therefore, income must be profitable. One of the most commonly used ways to increase profits is by reducing the company's operating costs and reducing the level of delinquent credit arrears. This study aims to determine (1) the influence of operational costs on profitability, (2) the effect of NPL on profitability, (3) the effect of profitability on the value of the company. This research consist of independent variable that is Operational Cost (X1), NPL (X2), and dependent variable that is profitability which is ability of company to get profit from result of its operation. This research was conducted on Kospin Jasa Syariah kendal period of 2011-2017. The method used in this research is descriptive method of analysis with quantitative approach. The sampling technique used is purposive sampling technique. The samples in this study report the kospin Jasa syariah in kendal 2011-2017 . The statistical method used is multiple linear regression analysis by first performing classical assumption test consisting of normality test, multicollinearity test, hesterokedastisitas test, and autocorrelation test. Keywords: Operational cost, NPL, profitability and corporate value.